Box Office Hit ‘The Housemaid' Burnishes Lionsgate's March Quarter

Lionsgate beat Wall Street forecasts in fiscal Q4 ended in March, helped by The Housemaid at its motion picture group. The segment posted revenue of $651.9 million and profit of about $187 million, indicating stronger-than-expected operating performance. The earnings beat is positive for the stock, though the article is too brief to suggest a broader sector impact.

Analysis

Lionsgate beat Wall Street forecasts in fiscal Q4 ended in March, helped by The Housemaid at its motion picture group. The segment posted revenue of $651.9 million and profit of about $187 million, indicating stronger-than-expected operating performance. The earnings beat is positive for the stock, though the article is too brief to suggest a broader sector impact.